Janus Henderson Group PLC Cuts Stock Position in Ferrovial SE $FER

Janus Henderson Group PLC lessened its holdings in Ferrovial SE (NASDAQ:FER) by 2.8% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 296,257 shares of the company’s stock after selling 8,467 shares during the period. Janus Henderson Group PLC’s holdings in Ferrovial were worth $18,921,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Opal Capital LLC lifted its position in Ferrovial by 1,968.5% during the first quarter. Opal Capital LLC now owns 83,773 shares of the company’s stock valued at $5,449,000 after purchasing an additional 79,723 shares during the last quarter. Amundi increased its holdings in shares of Ferrovial by 39.7% in the 1st quarter. Amundi now owns 15,301,820 shares of the company’s stock worth $995,383,000 after buying an additional 4,351,267 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of Ferrovial by 73.8% in the 1st quarter. EverSource Wealth Advisors LLC now owns 2,505 shares of the company’s stock worth $163,000 after buying an additional 1,064 shares during the last quarter. Quantinno Capital Management LP raised its position in shares of Ferrovial by 30.1% during the 1st quarter. Quantinno Capital Management LP now owns 332,451 shares of the company’s stock valued at $21,564,000 after buying an additional 76,919 shares in the last quarter. Finally, Compound Planning Inc. raised its position in shares of Ferrovial by 38.9% during the 1st quarter. Compound Planning Inc. now owns 9,710 shares of the company’s stock valued at $632,000 after buying an additional 2,720 shares in the last quarter. Hedge funds and other institutional investors own 22.28% of the company’s stock.

Analysts Set New Price Targets

FER has been the subject of several recent research reports. Weiss Ratings lowered Ferrovial from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, July 29th. Citigroup downgraded Ferrovial from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $75.30 to $70.00 in a research report on Wednesday, May 27th. Finally, Zacks Research raised Ferrovial to a “hold” rating in a research note on Tuesday, May 19th. Two investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, Ferrovial currently has a consensus rating of “Hold” and a consensus target price of $70.47.

Ferrovial Trading Up 1.5%

Shares of FER opened at $66.08 on Tuesday. The company’s fifty day simple moving average is $66.41 and its 200-day simple moving average is $67.79. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.20 and a quick ratio of 1.09. Ferrovial SE has a twelve month low of $51.33 and a twelve month high of $74.79.

Ferrovial Dividend Announcement

The company also recently disclosed a dividend, which was paid on Monday, June 15th. Investors of record on Tuesday, May 19th were given a $0.5578 dividend. The ex-dividend date of this dividend was Tuesday, May 19th.

About Ferrovial

Ferrovial, SA is a Spanish multinational infrastructure company headquartered in Madrid that develops, constructs, operates and maintains transport and urban infrastructure. Its core activities include the design and construction of large civil engineering projects, the development and operation of transport concessions such as toll roads and airports, and the provision of urban and industrial services and maintenance. The company typically operates through long-term concession and public-private partnership models, combining construction expertise with asset management and operations.

Within its operating model, Ferrovial’s business spans construction contracting, concession management and services.